Quote Originally Posted by Gandalf View Post
Here are some statistics for you, Kirkland. As you can plainly see, inflation for the past decade has been way above what governments have been saying and has far outstripped any increases in wages. I am also interested in the experiences of others, but so far people are a bit shy to vote in my inflation thread. Overall, with non-government sourced data and the general experience of forum posters, I believe this little debate is over. Deflation happens in places like Greece and as of yet has not happened in the UK and it certainly hasn't happened here either.

http://www.tullettprebon.com/announc...IN20130220.pdf
I can clearly see that that index is one made up by some firm. They're calling it their "essentials index" and it heavily features things like food and energy which standard measures of inflation don't to the same extent. But this their "essentials index" will fall much further than official measures as energy prices are halving and food prices are falling in the UK due to competition from new German discount supermarket chains. So over a period of a few years their numbers will look the same as other measures of inflation.